Brijlaxmi Leasing & Finance Balance Sheet Health
Financial Health criteria checks 2/6
Brijlaxmi Leasing & Finance has a total shareholder equity of ₹43.4M and total debt of ₹170.5M, which brings its debt-to-equity ratio to 393.1%. Its total assets and total liabilities are ₹219.1M and ₹175.8M respectively. Brijlaxmi Leasing & Finance's EBIT is ₹21.1M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹4.4M.
Key information
393.1%
Debt to equity ratio
₹170.52m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹4.44m |
| Equity | ₹43.38m |
| Total liabilities | ₹175.76m |
| Total assets | ₹219.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532113's short term assets (₹215.2M) exceed its short term liabilities (₹5.2M).
Long Term Liabilities: 532113's short term assets (₹215.2M) exceed its long term liabilities (₹170.6M).
Debt to Equity History and Analysis
Debt Level: 532113's net debt to equity ratio (382.8%) is considered high.
Reducing Debt: 532113's debt to equity ratio has increased from 167.8% to 393.1% over the past 5 years.
Debt Coverage: 532113's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532113's interest payments on its debt are not well covered by EBIT (1.1x coverage).